Phase D The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E) . Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS) , making a higher low before the market moves higher....
Well well well, This might be an opportune trade for swinging. I see a nice distribution forming on the monthly time frame for usdzar . Keep your eyer on this pair.
It is too early to pre-empt whether xlm is truly in an accumulation. That not withstanding, I have identified a zone were price may react from if it happens to be an accumulation. Hopefuly we will see the ST(b) form. This is of course if we experience btc bearishness soon as all crypto bends their knees to BTC. Happy trading
Amazing example on Dow Inc. of a Trading Range following Wyckoff Distribution Schematic #2. ------------------------------------------------------------------ What is a Trading Range? ------------------------------------------------------------------ In an trading range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to...
$BTC Following on from an earlier post, here is a closer up of the possible case for re-distribution. We can see from this that if this is correct then we are most likely right in the middle of the downside and are almost definitely going to see more downside. This is obviously also possible given the amount of financial unrest we are seeing in other markets...
GOLD Long Setup 👉🏻 Wyckoff accumulation. Correcting now, at newly formed support in this lower timeframe. Potential target is its previous high of $1833 which is also a major resistance.
September is famous for price falls before mega bull runs. Combining that with the fact that bitcoin makes an ATH every 3 years then we should be seeing crypto peak in December. Watch for the 0.6000 zone as price might bounce from there
This pair loves to consolidate but when it moves expect some nice pips. I put a little time and thought to see the kind of consolidation this might be. To my eye, It looks more like a reaccumulation inside a larger re-accumulation. I understand price makes repeated patterns in different time frames. If this were to be the case then a 1:16 ratio isn't that bad.
This is a pair I have been following closely as I have vested long term interests. Price action is slowly showing us its hand. This week I would expect reversals as the pair heads down to take out liquidity.
Has it occurred to anyone that it is rather unsettling for bitcoin to peek at this time of the year. Normally it happens in december towards January. It was hard for me to fathom how they would leave all that liquidity below. I might have solved this mind boggling puzzle for my self. I call the reaccumulation first
Price is never Random. Fomc enabled price to form the UTAD of the redistribution. Price will give us an entry at the 1hr institutional candle
US30 index fund is buying to form a UTAD then sell. I have specific points highlighted that I would love to see price react away from.
Silver might see a sell in coming weeks after price breaking the 24 usd recent lower low. This may signify a break of market structure forming what would be supposedly be a major sign of weakness. It would be quite nice if we see a retracement to the upside until 27.750 level before going down. Once that level holds we can be sure of an impulsive down trend
EJ let's see how it goes. TP is was too ambitious but can always trail SL and see how it goes.
Buy to sell. NFP might form the SOW and take out buy side liquidity
Hello my fellow traders. I hope you have been having a good time with the charts I have been onto UCAD since the beginning of its markup phase and have kept you updated on my views. If am not wrong, This pair is cooking something up. Institutions are re-accumulating their orders and I might have sniffed them out. Possibly we might see a reaccumulation with a...
I've plotted Wyckoff Theory over MARA. I feel we are currently in Phase E.
I've plotted Wyckoff Theory over RIOT. I feel we are currently in Phase E.